Coincidentally Jim Cramer has this stock as a potential takover target and thinks the
stock is cheap.

They missed their last quarter by quite a bit. I think their short term upside is limited.
Although, the stock is cheap and probably a good long term investment.

My $.02 for what it's worth.

Last edited on: 06-01-2007 08:30 am

Hmm....

WCC had a big run until '06, then the stock has oscillated between 56 and 70, which are
clearly its current support/resistance level. It has not move that far from the moving
average even though the advancer has crossed the lager into bullish territory. I think
from 64 the risk reward it's ok, but I would not believe this to explode if it does not go
past 70, but I would sell it if it hits almost 80. Keep in mind that I've not done any
fundamental research other than reading the chart.

My 2 cents..

I like to do technical analysis on the charts of some favorites and I found a real stand
out, it is Wesco(wcc). The chart of WCC has several identical bottoms and a coiled spring
appearance which means an " explosion" to the upside. I think it has started as of today
which means WCC could hit 75-80 within a very short time. Watch and see! Coincidentally
there is insider buying around this time!